US authorizes Chevron to continue mining operations in Venezuela

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this US government announced this Saturday allowed the oil company Chevron will continue limited natural resource extraction operations Venezuelan As a result of the resumption of dialogue between the Venezuelan government and the opposition.

According to the Treasury Department, this measure reflects the long-term policy of the United States. United States of America “Targeted sanctions relief based on concrete steps that reduce the suffering of the Venezuelan people and support the restoration of democracy.”

The Department of the Treasury states that this mandate is given to the Venezuelan state oil company. PDVSA It profits from Chevron’s oil sales and only allows activities related to Chevron’s joint ventures in Venezuela, not other activities with PDVSA.

“Other sanctions and restrictions imposed by the United States on Venezuela will remain in effect,” the statement said, adding that the country “will vigorously enforce these sanctions and continue to hold accountable any actor involved in acts of corruption, violating the United States.” Laws or human rights violations in Venezuela”.

The U.S. Executive had taken any decision regarding Chevron in the hands of the parties. back to the negotiating table and encourage other specific commitments to support the Venezuelan people.

Political negotiation table between the regime Nicolas Maduro and the opposition, officially suspended since October 2021 by decision of the Government, was reinstated in Mexico City this Saturday.

In it, they signed the Second Partial Agreement on the Protection of the People of Venezuela, the main purpose of which was the recovery of resources from the Caribbean State country. blocked in the international financial system.

“The Unitary Platform and the statements of the Maduro regime are important steps in the right direction for the restoration of democracy in the country. The United States welcomes and supports the reopening of negotiations “As part of our long-term policy to support the peaceful restoration of democracy,” the State Department said.

The Chevron decision authorizes action required for certain activities related to the management of Chevron or its subsidiaries’ joint ventures, which includes PDVSA or any entity in which PDVSA directly or indirectly owns 50% or more.

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